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To: CpsOmis who wrote (80749)12/5/2000 7:55:29 AM
From: Second_Titan  Read Replies (2) | Respond to of 95453
 
Cosmo

Seems you have a pretty selective take on the qualities of many of the immigrants who came here over since the 1600's. Beyond a doubt the US has benefited from bringing in the cream of the crop from other nations.

But how many superior Chinese came here vs those who came as almost slave laborers. Take a look at the masses that came through Ellis Island, they do not look like the cream of the crop to me. Saying that the natural selection indicates the slave traders caught a disproportionate number of dimwits seems like a convenient excuse for the condition of poor blacks after 100 years of discrimination since freeing of the slaves.

The law of force brought the slaves here and held them back for many years. I think since 1970 or so the failure to succeed has allot more to do with capability, desire and luck than discrimination. My only big concern about a level playing field is with education in poor areas. I believe there are many areas of the country where poor districts provide substandard education and until this is corrected the playing field will not be equal.

The genetic component factoring intelligence is very valid, but it is not the only factor. The education system, family and local environment are also a critical factor.

I see no reason a below average intelligence person being raised in a stable home and attending a decent school system cannot have the American dream. But this dream has to be earned and for those with less than average intelligence they may have to work a little harder.



To: CpsOmis who wrote (80749)12/5/2000 9:49:41 AM
From: SliderOnTheBlack  Read Replies (1) | Respond to of 95453
 
Vampires, Gold & Nat Gas...

Politics ,Race & Religion;a little Sports on occcassion along with some Oil & Gold of course.... and throw in a little Vampirism to top off the discussion... well; at least it doesn't get boring around here during mid-cycle shakeouts.

Anyway; for those so inclined - looks like the market likes the Election Debacle coming to a close; perhaps by the end of the week. Home Builders & cyclicals pricing in a likely Fed Cut and good possibility that the Fed goes to a neutral bias in December.

Tradeable "relief" rally building... but; imho it won't last.

This weather related Nat Gas spike could get some wind at its back here on this "relief" rally... good 5-10 day trading window opening.

Probably a nice 15-20 point OSX move; I'll play a bit, some calls for leverage - and look to get out quickly. Use tight trailing stops and exit at the first sign of exhaustion, or rollover. Don't be slow imo; in & out... have to think the wall is stil at OSX 120-25ish. I "aint" looking to be a hero here; give me the middle 65% of this little move and I'll be happy to take my "hit & run" money and head back to my bunker...

Fed is in a nasty trap; inflation is primarially a product of money supply & excess credit - so with $35 Oil & $7 Nat Gas; atop the most reckless corporate & consumer debt expansion in history (that's imploding credit quality-wise) let's ease credit, cut rates and increase money supply ~ giving the "addicts" even more "heroin"...

Yeah; that's just what this economy "really" needs ~ more credit, more money ... Prime the Fiat Presses one more time...

It's going to take another 6 mos for the broad market to bottom imo... the volatility & opportunities for trading will be here; albeit with a much less attractive risk vs reward environment.